AngloGold Ashanti Reports Record Free Cash Flow of $2.9 Billion in 2025
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 20 2026
0mins
Should l Buy AU?
Source: Newsfilter
- Significant Free Cash Flow Growth: AngloGold Ashanti achieved a record free cash flow of $2.9 billion in 2025, a 204% increase from the previous year, driven by a 16% rise in gold production and effective cost control, showcasing the company's profitability and cash generation capabilities in a high gold price environment.
- Record Adjusted EBITDA: The adjusted EBITDA for 2025 exceeded $6.3 billion, more than doubling from 2024, reflecting the company's exceptional performance in operational efficiency and cost management, further solidifying its leadership position in the industry.
- Historic Dividend Payments: The company declared a total dividend of $1.8 billion for 2025, the highest ever, demonstrating confidence in future cash flow and operational performance while providing substantial returns to shareholders.
- Improved Safety Performance: The Total Recordable Injury Frequency Rate (TRIFR) dropped to 0.97 in 2025, the lowest in the company's history, indicating ongoing efforts in safety management and operational execution, enhancing its reputation within the industry.
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Analyst Views on AU
Wall Street analysts forecast AU stock price to fall
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 128.260
Low
92.00
Averages
116.20
High
131.00
Current: 128.260
Low
92.00
Averages
116.20
High
131.00
About AU
AngloGold Ashanti plc is a global gold mining company with a diverse portfolio of operations, projects and exploration activities in 10 countries, across four continents. The Company’s diverse portfolio includes approximately 11 operations in Argentina, Australia, Brazil, the Democratic Republic of the Congo (DRC), Egypt, Ghana, Guinea and Tanzania. The Company’s portfolio includes Africa, the Americas, and Australia. Its Africa portfolio includes Kibali- managed by Barrick Gold Corporation, Egypt (Sukari), Ghana (Iduapriem and Obuasi), Guinea (Siguiri) and Tanzania (Geita). The Americas hosts three of its operations, one in Argentina and two in Brazil, as well as two greenfield projects in Colombia and a significant new greenfield development in Nevada in the United States. Australia hosts two of its operations, which include Sunrise Dam and Tropicana, both in the north-eastern goldfields in the state of Western Australia.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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